1 - Internal Revenue Service
1 - Internal Revenue Service
1 - Internal Revenue Service
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
▪<br />
LP-1 ON 4 OVERLAP R LP-763 763-RP RP-1 ON 62<br />
•<br />
1967 CORPORATION<br />
SOURCE BOOK OF STATISTICS OF INCOME<br />
ACTIVE CORPORATION INCOME TAX RETURNS/ JULY 1967 JUNE 1968<br />
BALANCE SHEET. INCOME STATEMENT. TAX. AND INVESTMENT CREDIT ITEMS. BY INDUSTRY GROUP AND BY SIZE OF TOTAL ASSETS<br />
RETURNS WITH AND WITHOUT NET INCOME<br />
ITEM<br />
' 300<br />
MINOR INDUSTRY 6593<br />
(SIZE OF TOTAL ASSETS AND MONEY FIGURES IN THOUSANDS OF DOLLARS)"<br />
Finance ) ins. 8, real estate, Real estate' Combinations<br />
of real estate, insurance, loans, and low ofTionn<br />
SIZE OF TOTAL ASSETS<br />
OVER ZERO 50 100 250 SOO 1.000<br />
TOTAL ZERO<br />
5.000 10.000<br />
UNDER UNDER<br />
25.000 90.000 100.000<br />
UNDER UNDER UNDER UNDER UNDER<br />
ASSETS<br />
UNDER<br />
50 100<br />
UNDER<br />
250<br />
UNDER UNDER<br />
500<br />
250.000<br />
1.000 5.000 10.000 25.000 50.000 100.000 250.000 OR MORE<br />
NUMBER OF RETURNS WITH AND WITHOUT NET INCOME<br />
1 TOTAL 3473 2 1626 793 712<br />
2<br />
176 38*<br />
WITH NET INCOME 101 12<br />
2375 2<br />
11 2<br />
1082 498 511 157 20 -<br />
3 WITHOUT NET INCOME 82<br />
1096<br />
11 10 a<br />
.<br />
- 544 295<br />
4<br />
201<br />
FORM 1120-S<br />
19 le* 19* 1 1<br />
.<br />
569 I. .<br />
303* 151* 113* - ■ 1 1 - -<br />
5 TOTAL ASSETS 800591<br />
6 CASH 77384<br />
7 NOTES AND ACCOUNTS RECEIVABLE 265182<br />
8 LESSI ALLOWANCE FOR BAD DEBTS 1379<br />
9 INVENTORIES 6585<br />
INVESTMENTS IN GOVT. 08LIG1<br />
10 UNITED STATES 4739<br />
11 STATE AND LOCAL 779<br />
12 OTHER CURRENT ASSETS 57386<br />
13 LOANS TO STOCKHOLDERS 5143<br />
14 MORTGAGE AND REAL ESTATE LOANS 148149<br />
• 15 OTHER INVESTMENTS 82151<br />
16 DEPRECIABLE ASSETS 123957<br />
17 LESS' ACCUM DEPRECIATION 42437<br />
• 18 DEPLETABLE ASSETS 165<br />
19 LESS. ACCUM DEPLETION 48<br />
20 LAND ' 29954<br />
• 21 INTANGIBLE ASSETS (AMORTIZABLE) 6744<br />
7.2 LESS. ACCUM AMORTIZATION 1176<br />
• 23 OTHER ASSETS 37313<br />
24 TOTAL LIABILITIES 000591<br />
25 ACCOUNTS PAYABLE 86399<br />
•• 26 MORT.. NOTES. BONDS UNDER 1 YR 244329<br />
. 27 OTHER CURRENT LIABILITIES 36099<br />
28 LOANS FROM STOCKHOLDERS 156112<br />
• 29 MORT.. NOTES, BONDS OVER 1 YR 156644<br />
30 OTHER LIABILITIES 43870<br />
31 CAPITAL STOCK 86634<br />
..<br />
32 PAID-IN OR CAPITAL SURPLUS 29991<br />
33 RETAINED EARNINGS, APPROP 2738<br />
34 RETAINED EARNINGS, UNAPPROP 100885<br />
• 35 LESS, COST OF TREASURY STOCK 2616<br />
29054<br />
6746<br />
9737<br />
▪ (54*<br />
1<br />
423<br />
1581<br />
▪ 946<br />
256*<br />
▪ 960*<br />
8492<br />
3072<br />
659<br />
▪ (5)*<br />
• 451*<br />
• 2325<br />
60340 111638 59917 22776* 200100 84454 100379 51933<br />
12708 18969 5771 907* 15358 9182 3386 4357<br />
16434 36265 31731 1284 55051 45338 59936 9406<br />
14* 53* 24 - 426 13 122 727<br />
321* 131 44 145 3499 484 ■ 1960<br />
5 870 79 327* 827 ■ 60 2148<br />
■ . 65 ■ 612 ■ .. 102<br />
3190* 4482 738* 75 30115 8291 7492 1422<br />
2649* 1216* 5 . 300 . 27 -<br />
59 5704 ■ 3990* 18613* 27823 4945 77935 8B24<br />
5959 15085 5726 253* 27228 1905 13358 11677<br />
16251 25602 9503 981 19318 14221 11443 18146<br />
6383 8931 Awe 255 5945 3507 1745 8461<br />
. ■ ■ ■ 8 .. ■ 157<br />
■ ■ ■ . .. 3 .<br />
■ 45<br />
2647 4696 3950 354 12119 3132 1650 747<br />
131 1395 20* e 38 - 4516 636<br />
4* 737 18* 6 18 - 237 156<br />
6387 6944 2475 90 14196 476 2680 1740<br />
• 29054 60340 111638 59917 22776* 200100 84454 180379 51933<br />
■ 6498 8779 23071 11053 393 14951 12613 7719 1322<br />
■ 1320 0779 8590 4805 516 72797 36808 102854 7860<br />
1326 3130 5508 3706 400 7627 2700 9120 2582<br />
3506* 1197* 8919 748 — 679 69 500 .<br />
. 2954 7486 20521 9091 4094 43209 11141 38027 20121<br />
2918 4786 5570 1911 4619* 8653 930 4334 10149<br />
5937 12232 18052 13682 9526* 20974 1511 2759 1961<br />
1620 3521* 1147 3901 877 8054 457 5884 4530<br />
169 (5) 1553 15 . 896 67 38 —<br />
2806 10430 19429 11317 2351 23028 18158 9958 3408<br />
- - 722 312 15)* 768* .. 814 ■<br />
•<br />
••■<br />
ime<br />
4<br />
•<br />
36 TOTAL RECEIPTS 341645 59 54117 46117 73111 25542 2868 55395 14775 59700 9961<br />
• 37 BUSINESS RECEIPTS 266367 21 51194 40384 62451 16842 804 32594 8562 48087 5428<br />
INTEREST ON GOVT. OBLIGATIONS'<br />
38 UNITED STATES 308 . ■ 42 ■ 33 47* 33* 75 1 7 70<br />
39 STATE AND LOCAL 30' • ■ ■ - — 2 9 19 ■ (S) . 0<br />
40 OTHER INTEREST 18458 3 170 669 1185 1505 4282* 5518 2211 5058 857 .<br />
41 RENTS ' 10540 16 305* 1421 2968 806 184 2325 1364 834 317<br />
42 ROYALTIES 37 .. - — -<br />
■ 6 3 26 2 . C'<br />
43 NET S—T CAP GAIN LESS L—T LOSS 93* .• (51 16 47* ■ 10 19 . (5) 1<br />
44 NET L.T CAP GAIN LESS S..7 LOSS . 4603 ' ' 19 63 140 418 165 362 2078 866 150 342<br />
45 NET GAIN, NONCAPITAL ASSETS 3223 • - • 508 119* 502 ' 19* 50 512 25 1488 . •<br />
46 DIVIDENDS. DOMESTIC CORPS 1308 ■ ■ 1 ' - 91 105 9 807 262 32 1<br />
47 DIVIDENDS. FOREIGN CORPS (5) • . . — - .<br />
■ (5) ■ ■ ■<br />
• 48 OTHER RECEIPTS 36678 (51 1835 3367 5416 6051 125 11442 1481 4018 2943 - •<br />
49 TOTAL DEDUCTIONS 318161 45 50650 46251 69572<br />
• 50 COST OF SALES AND OPERATIONS..•<br />
23589 1980* 48618 11345 56528 9583 ■<br />
100834 . ■<br />
51<br />
5' 10093 10772* 15860<br />
COMPENSATION OF OFFICERS<br />
6443*<br />
52459<br />
22 10394<br />
..<br />
283<br />
15400<br />
42374<br />
9065<br />
4588<br />
15058 •<br />
52 REPAIRS<br />
4349 188 5482<br />
1389 3<br />
1733 1132<br />
105<br />
52 - . -<br />
127<br />
• 53 BAD 550<br />
DEBTS<br />
184 60* 162<br />
3102 .<br />
71 109<br />
142<br />
16 .<br />
1023*<br />
54<br />
1058<br />
RENT PAID ON BUSINESS PROPERTY 288<br />
6703<br />
107 290<br />
2<br />
16<br />
1051 1373<br />
115<br />
1462<br />
63 .<br />
457<br />
.. . 0<br />
55 TAXES PAID 15 1251<br />
8250<br />
414 509<br />
6 1087<br />
149 .<br />
1224<br />
. .<br />
• 56<br />
1913<br />
INTEREST PAID<br />
679 93 1644 492<br />
18331<br />
532 580<br />
2 386 747<br />
. .<br />
57 CONTRIBUTIONS OR GIFTSi<br />
1957 923 699* 5799 1977 5027 814 ■<br />
218 •<br />
■ 20<br />
■<br />
10 35<br />
AMORTIZATION 22 2 66<br />
363 -<br />
32 30 1 .<br />
(5)* 1* 98<br />
58<br />
I 59 DEPRECIATION<br />
1 1 3*<br />
7404<br />
(51<br />
10 793<br />
132 127 -<br />
60 DEPLETION<br />
1283 1856 680<br />
12* -<br />
50 1194 543 520 475 . -<br />
■ . ■ (5) .<br />
•<br />
61 ADVERTISING 4*<br />
8941<br />
. a .<br />
2642 2362<br />
I<br />
1689<br />
62 PENSION. PROF SH..ANNUITY PLANS<br />
742 19 991 169 298 29 ■<br />
1686 .<br />
■ 153* 42* 393*<br />
63 OTHER EMPLOYEE BENEFIT PLANS<br />
275 15 517 139 152 . ■<br />
685 - 2 277* 83 50* 5<br />
0<br />
64 NET LOSS, NONCAPITAL ASSETS...• 751<br />
152 54 56 6<br />
■ 92 169*<br />
4 344*<br />
65 OTHER DEDUCTIONS<br />
75 (5) —<br />
107033 17<br />
2 69<br />
18684 17776 27216 8419 684 20669 5422 5532 2614 - V<br />
66 TOTAL RECEIPTS LESS DEDUCTIONS 23484 14 3467 -134<br />
•<br />
3539<br />
67 CONSTR TAX INC FM REL FOR CORP(*)<br />
1953 888 6777<br />
-<br />
3430 3172<br />
.<br />
378 ..<br />
■ . ■<br />
68 NET INCOME (LESS DEFICIT)12)<br />
.<br />
23454<br />
. . .<br />
14 3467 .434 3539 1951 879<br />
11<br />
69 NET INCOME 6758<br />
29123<br />
3430<br />
14<br />
3172<br />
4133<br />
378<br />
.<br />
•<br />
2769<br />
70 DEFICIT<br />
4668 2141 905 7382<br />
5669<br />
3554 3179 378<br />
■ 666 2903 1129<br />
RETURNS OTHER THAN FORM 1120<br />
190<br />
■51<br />
26 624 124 7 . ■<br />
-<br />
0<br />
71 NET INCOME (LESS DEFICIT) 19296 14 1769 -641 2614<br />
• 72 STATUTORY SPECIAL DEDS.. TOTAL<br />
1951 879 6739 3430 2163 378<br />
■<br />
4646 .<br />
73<br />
1053 178*<br />
NET OPERATING LOSS CARRYFRD<br />
1179 197 31 783 327 762 136 ■<br />
1.. 3596 ■<br />
■ 1053 177* 1109<br />
0<br />
74 DIVIDENDS RECEIVED DEDUCTION.<br />
128 23 130 104 737 135 ■<br />
1050 •.<br />
1<br />
• 75<br />
70<br />
DED FOR DIV PD. PUB UTIL STK.<br />
69 8 653 223 25<br />
■<br />
1<br />
■ -<br />
-<br />
■<br />
■<br />
76<br />
■<br />
■<br />
WESTERN HEMISPHERE TRADE DED.<br />
■ ■ ■<br />
■<br />
..<br />
— — - — - —<br />
— .<br />
77 INCOME SUBJECT TO TAX .<br />
20079 14 1396 1725<br />
•<br />
2546<br />
78 INCOME TAX )BEF CREDITS), TOT(3)<br />
1945 874 6613<br />
6266 3<br />
3225<br />
295<br />
1408 333 .<br />
79 SURCHARGE<br />
346 534 465 226 2323<br />
3 -<br />
1359 632 83 ■ ■ •<br />
(5) (5) (5) 1<br />
80 TAX RECOMP PRIOR YEAR INV. CR 15)<br />
4<br />
(5)*<br />
0<br />
151 2<br />
•<br />
(51 -<br />
81 (51* (5) 2 (51 2<br />
- -.<br />
- -<br />
82 FOREIGN INVESTMENT TAX CREDIT CREDIT . (51 - - .<br />
0 .<br />
.<br />
47 . 151 (51* 151 • -.<br />
- 1 151 151 40 4 2 . -<br />
. .<br />
83 NET MCOME(LETS DEF) AFTER TAX(4) 17235 11<br />
•<br />
3172 •450<br />
84 NET INCOME AFTER TAX<br />
3006 1486 653 4473 2075 2542 295 . .<br />
22904 /I .<br />
85 ESTIMATED TAX PAYMENTS<br />
3835 2423 4135 1676<br />
501<br />
679<br />
-<br />
5099<br />
-<br />
2199 2549<br />
0 .<br />
295<br />
. •<br />
66 FORM 1120-S NET INCOME (LESS DEP) 51 426 24<br />
IS<br />
4150 -<br />
•<br />
1698* 507* 925* .<br />
DISTRIBUTIONS TO STOCKHOLDERS/<br />
-0 19 1009 -<br />
67 CASH & PROP EXCEPT OWN STOCK 6254 134 1133* 799*<br />
88 CORPORATION'S<br />
993*<br />
OWN STOCK 233<br />
191<br />
246 859749<br />
943 165<br />
- - -<br />
Iii SELECTED INVESTMENT ITEMS.<br />
164 .<br />
27 - - - - .<br />
89 COST OP PROP. USED FOR INV. CR. 4169 • 254 150<br />
90 INVESTMENT QUALIFIED FOR CREDIT<br />
1120 312 25<br />
2737<br />
1178 55 860 15<br />
•<br />
254<br />
91 TENTATIVE INVESTMENT<br />
127 664<br />
CREDIT 214<br />
99 -<br />
25 588<br />
(51<br />
52<br />
151*<br />
790 15<br />
1 151<br />
. .<br />
92 INVESTMENT CREDIT CARRYFORWARD 151 40 3 54 1<br />
•<br />
-<br />
110 -<br />
93<br />
15/ (5)*<br />
UNUSED INVESTMENT CREDIT<br />
(5) 151<br />
162<br />
01* 2 94 14 . - -<br />
■ (51 .<br />
IP<br />
(5)* (5)* - (5) IS)* 1 146 15 - .<br />
FOOTNOTES AT BEGINNING AND END OF FILN<br />
• .U. S. TREASURY DEPARTMENT ■ INTERNAL REVENUE SERVICE<br />
•<br />
V<br />
lil